(International Container Terminal Services, Inc.) ICTSI's revenue increased by 20%
Posted on November 15, 2022 |
- ICTSI revenue for the nine months of 2022 reached $1.64 billion, an increase of 20% from $1.37 billion, and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached $1.04 billion, which is 25% higher than the $829.4 million generated in the first three-quarters last year.
- In the container sector, ICTSI saw an increase of 7% to 8.85 million TEU in the first nine months of 2022 compared to the same period last year due to volume growth and improvement in trade activities as economies recover from the COVID-19 pandemic and lockdown limitations.